Hoedt Rob Ten - 01 Nov 2021 Form 4 Insider Report for Medtronic plc (MDT)

Signature
/s/ Thomas L. Osteraas, attorney-in-fact
Issuer symbol
MDT
Transactions as of
01 Nov 2021
Net transactions value
$0
Form type
4
Filing time
03 Nov 2021, 17:50:03 UTC
Previous filing
04 Aug 2021
Next filing
02 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDT Ordinary Shares Award $0 +832 +1.9% $0.000000 45,418 01 Nov 2021 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MDT Stock Option (Right to Buy) Award $0 +6,670 $0.000000 6,670 01 Nov 2021 Ordinary Shares 6,670 $120.23 Direct F3
transaction MDT Performance Share Units Award $0 +2,080 $0.000000 2,080 01 Nov 2021 Performance Share Units 2,080 Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restrictions on the award shall lapse 100% on August 2, 2024.
F2 This balance increased by 97 shares due to exempt transactions such as dividend reinvestment.
F3 These options become exercisable at the rate of 25% of the shares granted per year beginning on the date noted.
F4 Each performance share unit represents a contingent right to receive one share of Medtronic common stock.
F5 The number of shares to be issued in connection with the performance share units ("PSUs") will vary depending on the level of certain performance metrics achieved over a three (3) year performance period. If target performance metrics are achieved, 2,080 shares will be issued. The actual number of shares to be issued could range from a low of 0 shares at minimum performance to a high of 4,160 shares at maximum performance. If minimum performance metrics are not met, such PSUs may vest at 0 shares.
F6 Vests on August 2, 2024.